This swing trading class discussed the big upheaval in the market last week, which had a large impact on the rankings of the Factor Selector. Each ranking position changed week-over-week, which is pretty rare. Value surged to the top and Low Volatility fell to the bottom. We ended class with bullish trade ideas from a Health Care stock and a Consumer Staple stock, along with a bearish Communications trade.
The purpose of this session is to answer questions from students regarding topics taught in Brandon Van Zee's weekly classes. The goal is to help you apply the learning you receive to your own portfolio as you watch Brandon apply the same concepts in his class portfolios. Stocks discussed: SBUX, BABA, DFS, GRC, BRK/B, FLOT, MCD, DIS, and BEN.
In today's class, we looked at the technical environment going into the next expiration cycle. We discussed seasonal trends and the impact of volatility compression. We also discussed the current slowdown heading into resistance levels and what kind of move we may get next week foretelling how we might trade in 2023
This class spent some time discussing the big drop in oil stocks during the morning, which follows the falling oil commodity prices over the last couple weeks. There's a good chance that Energy will fall into the middle of the Sector Selector rankings as early as next week. We then sold an Energy stock in favor of a Consumer Discretionary stock with a stronger chart.
This basic options class discussed our current positions, after several of our previous positions were washed out of our account upon the November expiration cycle last weekend. We then reviewed two new trade set-ups, one Health Care and one Consumer Staple. Both of them were of the category of having shot upwards out of the blue zone of the Stairstep chart (the opposite of our typical trades earlier in the year).
This DGI class discussed the benefit of staying fully invested, reinvesting your dividends, and your portfolio's ease of recovery to new highs if you limited your drawdown with higher quality companies. This Thanksgiving week, we are thankful that our DGI portfolio has gone green one the one year anniversary of the NASDAQ's peak (which it is still down 30% from). We ended class with a Financials head-to-head match-up.
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